Grayscale Ethereum Trust Etf Technical Analysis
| ETHE Etf | USD 27.68 0.50 1.77% |
As of the 24th of November, Grayscale Ethereum retains the market risk adjusted performance of 0.1439, and Risk Adjusted Performance of 0.0887. Our technical analysis interface lets you check existing technical drivers of Grayscale Ethereum Trust, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Grayscale Ethereum Trust, which can be compared to its competitors. Please check out Grayscale Ethereum Trust jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Grayscale Ethereum is priced fairly, providing market reflects its last-minute price of 27.68 per share.
Grayscale Ethereum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Grayscale, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GrayscaleGrayscale |
Grayscale Ethereum technical otc etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Grayscale Ethereum Trust Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Grayscale Ethereum Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Grayscale Ethereum Trust Trend Analysis
Use this graph to draw trend lines for Grayscale Ethereum Trust. You can use it to identify possible trend reversals for Grayscale Ethereum as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Grayscale Ethereum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Grayscale Ethereum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Grayscale Ethereum Trust applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Grayscale Ethereum Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 453.19, which is the sum of squared deviations for the predicted Grayscale Ethereum price change compared to its average price change.About Grayscale Ethereum Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Grayscale Ethereum Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Grayscale Ethereum Trust based on its technical analysis. In general, a bottom-up approach, as applied to this otc etf, focuses on Grayscale Ethereum Trust price pattern first instead of the macroeconomic environment surrounding Grayscale Ethereum Trust. By analyzing Grayscale Ethereum's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Grayscale Ethereum's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Grayscale Ethereum specific price patterns or momentum indicators. Please read more on our technical analysis page.
Grayscale Ethereum November 24, 2024 Technical Indicators
Most technical analysis of Grayscale help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Grayscale from various momentum indicators to cycle indicators. When you analyze Grayscale charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0887 | |||
| Market Risk Adjusted Performance | 0.1439 | |||
| Mean Deviation | 3.04 | |||
| Semi Deviation | 2.85 | |||
| Downside Deviation | 3.1 | |||
| Coefficient Of Variation | 951.95 | |||
| Standard Deviation | 4.02 | |||
| Variance | 16.18 | |||
| Information Ratio | 0.0725 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0942 | |||
| Treynor Ratio | 0.1339 | |||
| Maximum Drawdown | 17.69 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 7.84 | |||
| Downside Variance | 9.6 | |||
| Semi Variance | 8.11 | |||
| Expected Short fall | (3.54) | |||
| Skewness | 1.02 | |||
| Kurtosis | 1.45 |
Other Information on Investing in Grayscale OTC Etf
Grayscale Ethereum financial ratios help investors to determine whether Grayscale OTC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grayscale with respect to the benefits of owning Grayscale Ethereum security.